Share Name Share Symbol Market Type Share ISIN Share Description
Apc Technology LSE:APC London Ordinary Share GB0000373984 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 6.50p 6.25p 6.75p 6.50p 6.50p 6.50p 0 07:51:58
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment 18.0 -3.1 -12.4 - 8.50

Advanced Power Components Share Discussion Threads

Showing 7626 to 7650 of 7650 messages
Chat Pages: 306  305  304  303  302  301  300  299  298  297  296  295  Older
DateSubjectAuthorDiscuss
29/9/2017
20:55
Yes thanks guys, time to add a few more 👍
battlebus2
29/9/2017
20:52
Thanks for the info playful.I thinkthis has the potential for a good turnaround.
geraldus
29/9/2017
11:33
Playful/GHF Thanks for your posts, very encouraging indeed. There has definitely been a lot going on behind the scenes since the management review and the proof is now feeding through to the bottom line. The Timing products growth is phenomenal and should get better as legislation starts to take non-conforming prisoners. Lighting boosted by FM companies and I believe that the Chairman and at least one major share holder are involved in this market sector so hopefully more to come. Nothing but good news in this release and if only 50% of it comes to fruition during the current year APC will start to attract more II's and the share price should respond accordingly. No cigar yet but currently being rolled and the fat lady should go on a diet and give up singing lessons because her services will definitely not be needed,
rinson
29/9/2017
11:02
Thanks playful. Number of positive snippets in the presentation. * APC HI-REL - Entering 2018 with double the order book of 2017 in what is their core business. * APC Time - Bookings +74% in 2017. Finance sector compliance sales +129% * APC Lighting - As playful mentioned in the post above, strategy of partnering with leading FM companies now beginning to pay dividends rather than previous one off orders (such as Morrison in the past) which due to their nature created feast or famine. £5.5m quotes in progress in context of entire APC turnover of c.£16m in 2017...with potential for further FM partnerships. * Debt / Acquisitions - Risk profile of company has reduced & potential now to restructure debt that's on a hefty 10% pa, while looking at small bolt on acquisitions that I'd imagine would be structured so as to be advantageous to both small businesses owners looking for an exit & APC increasing both its supplier and end customer base. This would offer further cross-selling opportunities to APC and augment organic growth & the signing of further tech partners of which there is a, "robust pipeline of other target technologies". Kind regards, GHF
glasshalfull
29/9/2017
09:31
Trading update presentation... APC lighting has a substantial pipeline at advanced quote negotiation stage with 12 FM / property management companies. A year long strategy to achieve preferred supplier status with leading FM companies has resulted in the signing of preferred supplier agreements (PSA) with 3 of the largest global real estate services firms. What's attractive for me with our lighting division is the 5.5M quotes in progress. Looks like the spade work has been done in getting on the PSA acceptance list and now we should see the benefits. hTTp://apcplc.com/hideout-app/app-uploads/2017/09/APC_InvestorPresentation_Sept17_CP.pdf
playful
21/9/2017
22:43
With a good wind in our first half sails we may very well have something to smile about at next years AGM.
playful
21/9/2017
22:09
Yes I agree.Floor on this now and focussed going forward.
geraldus
21/9/2017
21:46
Solid results. Confirms the turn around is well and truly under way. Next time around expect to see top line growth as well and scalability coming through at bottom line.
brownie69
21/9/2017
20:13
Evening folks, Well the t/s duly arrived as the APC team confirmed to me a few months back. Pleased to see that operating profit came in at £0.8m (£0.3m in 2016). As I understand, adj PBT is anticipated to be c.£0.4m with small exceptional costs amounting to £0.2m bringing the reported figure down to an anticipated PBT of £0.2m. So with APC now stable & back to profitability I'm hopeful that they are now in a position to grow the business. We've observed the appointment of Phil Lancaster as Business Development Director & I'm confident that his industry expertise will result in further new technologies & supply agreements becoming available that can propel growth. The t/s also confirms they are looking to achieve organic growth and on this I'm also confident having spoken at length with the company over the various suppliers and technologies on their roster & opportunity for APC to increase the sale of these technologies in the UK market. I'll comment further on release of preliminary results &/or any further market news concerning the company. Kind regards, GHF
glasshalfull
21/9/2017
09:37
From RNS 31/8/17 Since Phil took up this post, three new UK distribution agreements have already been secured which expand the company's RF and Microwave and High Reliability product portfolios:
zipstuck
21/9/2017
09:27
Very underwhelming.
golddigger1
21/9/2017
07:40
Confirmation of move back to profit. Painful, but well done BOD.
18bt
20/9/2017
20:21
I would expect the broker note to be published immediately following the final results with perhaps a trading update released in the coming days.
playful
20/9/2017
08:44
Another good British institution snapped up on the cheap. Lets hope Genuity are as tolerant and supportive as Hargreaves Hale have been over the years. Playful, you have a good ear to the ground. Any feelings about an illusive broker note as anticipated by GHF?
golddigger1
20/9/2017
07:49
Good call.
encarter
19/9/2017
22:06
We will perhaps see a Genuity Wealth Group Holdings announcement shortly, this is simply due to a change in ownership at Hargreave Hale.
playful
07/9/2017
11:32
rinson, :) Let's see how it all plays out.
kemche
07/9/2017
07:41
Kemche: just when I thought it was safe to go back into the water you returned lol. I agree that you do offer a balanced viewpoint but APC is a very different company now than when I feel your initial criticism was hugely justified. We are dealing with the fallout from an abortive manufacturing operation, a water acquisition that should never have been and the immense cash flow problem that caused. As GHF states, from his discussions with management things appear on an even keel so maybe the cash flow is now improving. If not, as you state more cash will be needed. My worry is that unless management have a few aces up their sleeves the share price will never recover sufficiently to attract more investor interest. Contrary to my inner thoughts the share price may make an initial comeback after the anticipated trading update but what do we need for an encore? Our success in new markets has not been good so maybe greater investment in component distribution by way of acquisition? For that to happen more cash or dilution will be needed so you may yet be proved correct.
rinson
06/9/2017
23:48
GHF - a rare gentleman and a scholar - if I may say so. How civilised. Most would have reacted with bile and invective.
kemche
06/9/2017
22:27
Excellent post kemche. There have been a number of false dawns & I think it perfectly reasonable to wonder why it'll be any different this time around. I've spoken at length with the company and confident that they have turned the corner. I hope to learn in the near future that they are profitable & generating cash, with the £375k raised in H2 2017 & appointment of a full-time FD in August supporting their relationship with ABN. I hope your concerns prove to be unfounded, but nonetheless, you make valid points. Kind regards, GHF
glasshalfull
06/9/2017
20:50
Whilst I have the greatest respect for the analytical ability of GHF I remain cautious of the company's ability to sustain a profitable AND cashflow positive long term future (bar some unknown embedded value attributable to its energy business). We have seen that since the 28th February, when their net current liabilities stood at £3.4m, they have had to raise funds twice, once in March (to the tune of £125k, whilst also settling some fees with issuance of shares), and again barely two months later in May (this time to the tune of £250k whilst again settling fees with the issuance of more shares). I suspect the total of £375k raised will prove to be insufficient to address the shortfall which it dwarfs by a factor of nine times and that the fundraising was done out of necessity rather than "showing their confidence in APC". Remember also that it managed to arrive at the net current liabilities position AFTER having raised £1.3m in February 2016, £1.1m in August 2016 and £1.8m with the sale of Green Compliance in October 2016. That is WITHOUT accounting for a couple of loan note conversions along the way. So whilst it may well have a strong board it has a decidedly weak cashflow. GHF writes "The company had plenty of headroom as the £2.9m net debt comprised £2.5m drawn on invoice finance facilities (£6m facility), £0.6m of loan notes (due July 2018) and £0.2m cash." Now whilst the statement may be technically true it belies what the term "headroom" actually means in this instance. You see to be able to avail themselves of the extra £3.5m "headroom" the company would need to furnish VALID invoices that are slightly larger than the headroom they seek. That is where they come a cropper and, partly, where their problem lies. As for the loan notes due to become payable in July 2018 I imagine the historical precedent will continue to be observed and they will be converted with the issuance of yet more shares. There have been many false dawns predicted for this company and all have come to nowt and I suspect more of the same to come. All the foregoing is simply an opinion held by myself and I may well be totally wrong - as I usually am, so tread with caution.
kemche
06/9/2017
18:53
Appreciate the positive comments in relation to my post & nice to see a few other esteemed investors kicking the tyres. Just to clarify, I'm primarily invested as I believe the management team will deliver & think there are an abundance of growth opportunities available. I only touched on a couple & I'm sure that the management team will update investors & market in due course. I'm also hopeful that brokers Stockdale will release a note in the near future. Playful kindly explained that APC wrote-off their 15% investment in OEM. As I understand, OEM are currently expanding their operation and third party comment to me suggests that the company valuation may currently be worth several £m. If this proves to be the case then APC may be in line for a potential windfall in coming years. Nothing cast in stone of course, but perhaps one may consider it a further positive. Anyway, I hope to comment further when the company releases an update to the market. Kind regards, GHF
glasshalfull
06/9/2017
12:47
playful - Very many thanks - Just shows that one has to dig byond the accounts - Memo self - If in doubt speak to CEO or maybe it was in the small print and I missed. Added link - I hope correct one to OEM https://openenergymarket.com/about-us/
pugugly
06/9/2017
12:33
Clarification on OEM directly from our CEO: We still own approx. 15% in OEM. It is just that we wrote it down to zero in the balance sheet last year. I am a Director of the Company and as their website would suggest they are making good progress.
playful
06/9/2017
11:44
rinson - It looks as though we no longer have any interest in OEM from the 2016 accounts ; http://apcplc.com/hideout-app/app-uploads/2016/12/136_APC_Technology_Group_Final_Results_YE_31_August_2016.pdf Discontinued during the year * Open Energy Market Limited 15% (307) So no help there .. GHF - Excellent - Got me digging again !! -
pugugly
Chat Pages: 306  305  304  303  302  301  300  299  298  297  296  295  Older
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